LIRI & JARC will be hosting a TIF Works and General Permitting Workshop
Join us for the 4th Quarter
TIF Works and General Permitting Workshop
Learn about TIF and TIF Works and how your business can use TIF to train your staff – Permitting issues with the City of Chicago and what you need to do and where you go to do it.
When: Wednesday, November 16th at 8:30AM.
Where: Fitzgerald Marketing and Communications at 4141 South Peoria Street
Register: With Miguel Moreno at mmoreno@bync.org or call 773-523-4416 ext. 121.
Breakfast will be provided by the Back of the Yards Neighborhood Council and Jane Addams Resource Corporation.
The City of Chicago’s Local Industrial Retention Initiative (LIRI) funds local non-profit industrial councils to provide planning and stewardship to the city’s 24 industrial corridors and business retention services to the companies that operate within them. LIRIs provide varied services including facilitating city services, marketing and assisting with public incentives, providing educational and networking opportunities, promoting the area and local business and planning and advocating for the long-term vitality of the industrial corridors.
Local Industrial Retention Initiative
Background
The Local Industrial Retention Initiative (LIRI) is a Program funded by the City of Chicago Department of Community Development. The LIRI Program works through existing community organizations, such as the BYNC, to be the liaison between the City and industries in a specific geographic area.
Purpose
The BYNC and the City of Chicago are committed to creating and maintaining an economically healthy industrial corridor. As part of this goal, the purpose of the LIRI Program is to stabilize and expand the local manufacturing base. The objectives include the prevention of local firms from closing or moving; to help companies expand; and to create and retain jobs. In essence, LIRI intends to make our area a more attractive environment for the industrial business community and seeks to retain and attract industry to the area.
Services
Assistance is offered to companies covering a wide variety of issues ranging from day to day operations to expansion projects. The BYNC acts as one-stop resource for area businesses and a liaison with City Hall.
The BYNC’s knowledgable staff are available to provide technical assistance on the many financial incentives that are available to industrial businesses operating in the City of Chicago. The City of Chicago and the State of Illinois have various programs and incentives available to businesses that are designed to attract and retain industry in the area. These incentives include grants, assessment reductions, tax credits, and rebates that often save companies thousands of dollars.
The range of services provided by LIRI groups also includes identifying and assessing the needs of local businesses through frequent communications with these businesses and the coordination of meetings for all of the local stakeholders.
After these needs are identified, the LIRI representative will contact the appropriate City Department to initiate a suitable response. These needs often involve assistance with infrastructure improvements, locating sites for expansion, resolving workforce issues, providing economic data or industry information, and the resolution of public works issues.
Contact Miguel Moreno at 773-523-4416 for more information.
